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Salem Erode Investments Limited — Bonds

NBFC · Financial Services

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
BB
Rating on NSDL record (Infomerics, 2023)
No current agency rating on file
Total Debt Outstanding
₹28 Cr
Across 45 instruments
Active Bonds
45
First Issue
31 Dec 2021
Latest Issue
1 Aug 2026
Maturity Range
2027 - 2032
Observation
45 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
Issuer health card 1 item to look at
  • Current ratings No current agency rating on file; NSDL's debt master records a rating for some bonds, often from the time of issue
  • Rating direction, 12 months 0 upgrades, 0 downgrades
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 29 Jun 2026
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 0 of 45 active bonds had an exchange trade
  • Exchange filings, 90 days 0 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

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01 Issuer Overview
Sector
Financial Services
Issuer Type
NBFC
First Tracked Bond
31 Dec 2021
Start of this issuer's debt program timeline
  • 45 active bonds tracked from this issuer.
  • 45 of 45 tracked bonds with a stated security status are secured. (based on 45 bonds with a disclosed security status)
  • Most recent rating action: update by CRISIL on 24 Sep 2026.

Operating in the Financial Services sector, Salem Erode Investments Limited is classified as an NBFC. Bond coupons here span 11.75% - 13.66%, paid monthly. The maturity ladder spans 2027 - 2032.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
45
Tracked by RetailBonds
Amount Tracked
₹28 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
12.47%
Range 11.75% - 13.66%
Avg Remaining Tenure
2.1 Yrs
Nearest maturity Jan 2027
Secured
100%
45 of 45 bonds with known status
Callable
0
Of 45 bonds

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (13 bonds).

0 2027: 12 bonds, ₹16 Cr tracked, avg coupon 12.69% 12 bonds 2027 2028: 13 bonds, ₹3 Cr tracked, avg coupon 12.14% 13 bonds 2028 2029: 11 bonds, ₹7 Cr tracked, avg coupon 12.43% 11 bonds 2029 2030: 2 bonds, ₹1 Cr tracked 2 bonds 2030 2031: 5 bonds, ₹1 Cr tracked 5 bonds 2031 2032: 2 bonds, ₹0 Cr tracked 2 bonds 2032

Security Type / Instrument Mix

  • NCD 45 bonds · 100% · ₹28 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2021: ₹0 Cr issued 2021 2022: ₹1 Cr issued 2022 2023: ₹0 Cr issued 2023 2024: ₹18 Cr issued 2024 2025: ₹3 Cr issued 2025 2026: ₹6 Cr issued 2026 Cumulative: ₹0 Cr Cumulative: ₹1 Cr Cumulative: ₹1 Cr Cumulative: ₹19 Cr Cumulative: ₹22 Cr Cumulative: ₹28 Cr

Based on 45 of 45 active bonds with a known issue date and issue size.

03 Credit Profile
  • Below BBB 5 bonds · 11%
  • Unrated 40 bonds · 89%
AgencyRatingOutlookBonds
Infomerics BB NSDL record — 5

Recent Rating Actions

24 Sep 2026 · CRISIL
—
Update
24 Sep 2026 · CRISIL
—
Update
29 Jun 2026 · CRISIL
BB
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE894E07967 Salem Erode Investments 12.75% Jan 2027 NCD 12.75% — 2027-01-12 — —
INE894E07918 Salem Erode Investments 11.75% Jan 2027 NCD 11.75% BB (Infomerics, NSDL record 2023) 2027-01-12 — —
INE894E07926 Salem Erode Investments 12.25% Jan 2027 NCD 12.25% BB (Infomerics, NSDL record 2023) 2027-01-12 — —
INE894E07934 Salem Erode Investments 12.25% Jan 2027 NCD 12.25% BB (Infomerics, NSDL record 2023) 2027-01-12 — —
INE894E07AI0 Salem Erode Investments 11.75% Feb 2027 NCD 11.75% BB (Infomerics, NSDL record 2023) 2027-02-13 — —
INE894E07AJ8 Salem Erode Investments 12.25% Feb 2027 NCD 12.25% BB (Infomerics, NSDL record 2023) 2027-02-13 — —
INE894E07124 Salem Erode Investments 13.66% May 2027 NCD 13.66% — 2027-05-31 — —
INE894E07256 Salem Erode Investments 13.66% Jun 2027 NCD 13.66% — 2027-06-21 — —
INE894E07363 Salem Erode Investments 13.66% Jul 2027 NCD 13.66% — 2027-07-17 — —
INE894E07470 Salem Erode Investments 13.66% Aug 2027 NCD 13.66% — 2027-08-30 — —
INE894E07AL4 Salem Erode Investments 12.00% Nov 2027 NCD 12.00% — 2027-11-20 — —
INE894E07AN0 Salem Erode Investments Nov 2027 NCD — — 2027-11-20 — —
INE894E07AP5 Salem Erode Investments 12.00% Jan 2028 NCD 12.00% — 2028-01-08 — —
INE894E07AO8 Salem Erode Investments Jan 2028 NCD — — 2028-01-08 — —
INE894E07678 Salem Erode Investments 13.01% Feb 2028 NCD 13.01% — 2028-02-02 — —
INE894E07AQ3 Salem Erode Investments 12.00% Mar 2028 NCD 12.00% — 2028-03-15 — —
INE894E07AR1 Salem Erode Investments Mar 2028 NCD — — 2028-03-15 — —
INE894E07AU5 Salem Erode Investments 12.00% Jun 2028 NCD 12.00% — 2028-06-23 — —
INE894E07AT7 Salem Erode Investments Jun 2028 NCD — — 2028-06-23 — —
INE894E07AW1 Salem Erode Investments Aug 2028 NCD — — 2028-08-11 — —
INE894E07AX9 Salem Erode Investments 12.00% Aug 2028 NCD 12.00% — 2028-08-11 — —
INE894E07BH0 Salem Erode Investments 12.00% Oct 2028 NCD 12.00% — 2028-10-03 — —
INE894E07BI8 Salem Erode Investments Oct 2028 NCD — — 2028-10-03 — —
INE894E07AZ4 Salem Erode Investments 12.00% Nov 2028 NCD 12.00% — 2028-11-15 — —
INE894E07BA5 Salem Erode Investments Nov 2028 NCD — — 2028-11-15 — —
INE894E07BG2 Salem Erode Investments 12.00% Jan 2029 NCD 12.00% — 2029-01-03 — —
INE894E07BF4 Salem Erode Investments Jan 2029 NCD — — 2029-01-03 — —
INE894E07BE7 Salem Erode Investments 12.00% Feb 2029 NCD 12.00% — 2029-02-09 — —
INE894E07BD9 Salem Erode Investments Feb 2029 NCD — — 2029-02-09 — —
INE894E07819 Salem Erode Investments 13.01% Feb 2029 NCD 13.01% — 2029-02-20 — —
INE894E07BK4 Salem Erode Investments 12.00% Jul 2029 NCD 12.00% — 2029-07-01 — —
INE894E07BL2 Salem Erode Investments Jul 2029 NCD — — 2029-07-01 — —
INE894E07BN8 Salem Erode Investments Aug 2029 NCD — — 2029-08-01 — —
INE894E07BO6 Salem Erode Investments 12.00% Aug 2029 NCD 12.00% — 2029-08-01 — —
INE894E07959 Salem Erode Investments 13.01% Sep 2029 NCD 13.01% — 2029-09-12 — —
INE894E07AK6 Salem Erode Investments 13.01% Oct 2029 NCD 13.01% — 2029-10-13 — —
INE894E07AM2 Salem Erode Investments Jul 2030 NCD — — 2030-07-20 — —
INE894E07AS9 Salem Erode Investments Sep 2030 NCD — — 2030-09-07 — —
INE894E07BB3 Salem Erode Investments Feb 2031 NCD — — 2031-02-23 — —
INE894E07AV3 Salem Erode Investments Apr 2031 NCD — — 2031-04-11 — —
INE894E07AY7 Salem Erode Investments Jul 2031 NCD — — 2031-07-15 — —
INE894E07BJ6 Salem Erode Investments Sep 2031 NCD — — 2031-09-03 — —
INE894E07BC1 Salem Erode Investments Oct 2031 NCD — — 2031-10-09 — —
INE894E07BM0 Salem Erode Investments Mar 2032 NCD — — 2032-03-01 — —
INE894E07BP3 Salem Erode Investments Apr 2032 NCD — — 2032-04-01 — —
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YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

05 Market Activity

No recorded secondary-market trades in the last 30 days.

06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 5 2023-07-13
Rating Actions History 3 2026-09-24
Secondary-Market Trades 0 —
Reg52(4) Payment Disclosures 0 —

Methodology version 1.0. See full methodology for sources and limitations.

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Disclaimer: This page aggregates publicly available data about Salem Erode Investments Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.